John B Sanfilippo & Son: Hits record high on upbeat Q1, dividend raise

John B Sanfilippo & Son

29/10/2019 18:40

** Nut processor and distributor's shares  JBSS.O  up 11.9%
at record high of $103.51 after reporting upbeat Q1 results
    ** Q1 EPS nearly doubles to $1.12 from a year earlier
    ** Q1 net sales rise 6.6%, helped by its Southern Style Nuts
and Orchard Valley Harvest brands
    ** JBSS raises regular annual dividend by 9% to 60
cents/share and supplemented that with special dividend of
$2.40/share in Q1
    ** With session's gains, stock has almost doubled this year

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@ThomsonReuters.com))